Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. I recently spoke with Neira Jones and Danna Bethlehem about how cybersecurity insurance can work to help an organization. regulations.

Insurance 71

Insurance Cybersecurity Cleanup Ransomware 71

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur. Tue, 05/10/2022 - 05:43.

Insurance 77

Insurance Authentication Risk Ransomware 77

IG Guru

MAY 21, 2021

“The word to get out today is that, regarding ransomware, we don’t pay and we won’t pay,” cybercrime prosecutor Johanna Brousse said at the hearing. The post Insurer AXA to Stop Paying for Ransomware Crime Payments in France via Insurance Journal appeared first on IG GURU. Only the U.S. Only the U.S.

Insurance 53

Insurance Ransomware Government Cybersecurity 53

The Last Watchdog

JANUARY 20, 2020

To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities.

Insurance 171

Insurance Data breaches Cybersecurity Risk 171

Hunton Privacy

NOVEMBER 13, 2023

On April 22, 2019, HHS began investigating DMS after receiving a breach notification indicating that DMS’ network server was infected by the Gandcrab ransomware in April 2017. DMS did not detect the attack until after the ransomware was used to encrypt its files in December 2018.

Ransomware 72

Ransomware Risk Insurance Encryption 72

IT Governance

NOVEMBER 13, 2023

On 14 September, Mulkay discovered that the compromised files contained personal information, including “name, address, date of birth, Social Security number, driver’s license number or state ID, medical treatment information, and health insurance information”. Records breached: 79,582 Ontario hospitals update: information relating to 5.6

Data Privacy 85

Data Privacy Privacy Security Data breaches 85

Hunton Privacy

NOVEMBER 15, 2023

The Australian legislature increased maximum penalties for ‘serious’ contraventions of the Privacy Act with effect from December 2022 to at least A$50 million. If made out, this would be a breach of Australian Privacy Principle 11.1. However, the maximum penalty available in this case will be A$2.2 Class actions.

Data breaches 128

Data breaches Privacy Risk Information Security 128

DLA Piper Privacy Matters

MARCH 27, 2023

LOPMI introduces amendments to the insurability of losses and damages paid in response to cyber-attacks, including in relation to ransom payments – requiring that the payment of insurance compensation be conditional on the filing of a complaint, within a 72 hour time frame, to competent authorities.

Insurance 52

Insurance Risk Ransomware Cybersecurity 52

IT Governance

OCTOBER 24, 2023

Another small firm suffers a serious ransomware attack: Cadre Services gets mauled by AlphV Date of breach: 19 September 2013 (AlphV uploaded first part of data to its website on 19 October 2023). American Family Insurance confirms cyberattack is behind IT outages Date of breach: 14 or 15 October 2023. Records breached: Unknown.

Data Privacy 107

Data Privacy Privacy Security Data breaches 107

eSecurity Planet

OCTOBER 5, 2021

Malware has been around for nearly 40 years, longer even than the World Wide Web, but ransomware is a different kind of threat, capable of crippling a company and damaging or destroying its critical data. Ransomware Protection and Recovery Steps. Ransomware removal tools. Ransomware recovery services. Data backup.

Ransomware 134

Ransomware Encryption Cybersecurity Insurance 134

eSecurity Planet

OCTOBER 18, 2021

A lawsuit working its way through the courts could have a lot to say about the liabilities facing organizations that have been hit by ransomware attacks – and could have implications for cybersecurity preparation and regulation in general. Hospital’s Operations Hit by Ransomware. ” Cyber Insurance No Longer Reliable.

Ransomware 89

Ransomware Insurance Digital transformation Cybersecurity 89

Data Protection Report

DECEMBER 8, 2022

Norton Rose Fulbright Canada’s cyber litigation team recently obtained an order in favour of an insurer, granting it relief from forfeiture in respect of more than 11 bitcoins from the assets seized from a prolific ransomware gang. [1] Insurers excluded from restitution order.

Ransomware 98

Ransomware Insurance IT Data breaches 98

Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. Background.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

IT Governance

NOVEMBER 6, 2023

When MOVEit was hacked by the Russian Cl0p ransomware gang in May, email addresses and links to government employee surveys were compromised. Compromised information included patients’ names, dates of birth, postal addresses, Social Security numbers, diagnosis and treatment information, and health insurance information.

Data Privacy 97

Data Privacy Privacy Libraries Security 97

IT Governance

APRIL 29, 2024

Subscribe now The post The Week in Cyber Security and Data Privacy: 22 – 28 April 2024 appeared first on IT Governance UK Blog. Known data breached Discord (via Spy.pet) Source (New) IT services USA Yes 4,186,879,104 Baidu, Inc.,

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Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups.

Ransomware 71

Ransomware Encryption Security awareness Cybersecurity 71

Security Affairs

NOVEMBER 10, 2023

Exposed information varied by individual and may include some combination of certain individuals’ names, social Security number, health insurance information, date of birth, and medical information. ” In early October, 2023, the ALPHV/BlackCat ransomware gang added McLaren Health Care to the list of victims on its Tor leak site.

Data breaches 110

Data breaches Ransomware Insurance Manufacturing 110

Security Affairs

JANUARY 7, 2024

Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4

Artificial Intelligence 95

Artificial Intelligence Data breaches Security Ransomware 95

Hunton Privacy

FEBRUARY 25, 2021

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

Insurance 70

Insurance Cybersecurity Risk Education 70

IT Governance

FEBRUARY 21, 2024

ALPHV/BlackCat ransomware gang adds 2.7 TB of ASA Electronics data to its leak site The ALPHV/BlackCat ransomware gang is attempting to extort a ransom from ASA Electronics for 2.7 Welfare Benefits Plan Source 1 ; source 2 New Healthcare USA Yes 13,079 Insurance ACE/Humana Inc. Date breached: 384,658,212 records.

Data Privacy 52

Data Privacy Manufacturing Privacy Energy and Utilities 52

IT Governance

JANUARY 9, 2024

LockBit claims responsibility for Capital Health security incident The LockBit ransomware group has claimed responsibility for an attack on Capital Health , a healthcare provider in Pennington, New Jersey, last November. The compromised data allegedly includes names, email addresses and phone numbers. Data breached: 41,500,000 records.

Data Privacy 75

Data Privacy Privacy Manufacturing Data breaches 75

IT Governance

AUGUST 3, 2020

Canadian insurer Heartland Farm Mutual says an employee’s email account breached (unknown). Brazilian health insurer Hapvida discloses cyber attack (unknown). Data breach as GEDmatch has privacy experts worried (1.4 Ransomware. CNY Works jobseekers Social Security numbers exposed in suspected ransomware attack (56,000).

Data breaches 141

Data breaches Insurance Ransomware Personal data 141

The Last Watchdog

OCTOBER 5, 2023

Editor’s note: I recently had the chance to participate in a discussion about the overall state of privacy and cybersecurity with Erin Kapczynski, OneRep’s senior vice president of B2B marketing. OneRep provides a consumer service that scrubs your personal information from Google and dozens of privacy-breaching websites.

Cybersecurity 190

Cybersecurity Privacy Cloud IoT 190

IT Governance

OCTOBER 31, 2023

Records breached: 512,000 documents, with details of insurance investigations, vehicle registration certificates, notices of car seizures and payment card details. Records breached: Exact numbers unknown, but names, dates of birth, Social Security numbers, health insurance information and class lists were exfiltrated.

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

IT Governance

NOVEMBER 20, 2023

a property management company in Kentucky Incident details: The ransomware group Hunters International has added Homeland, Inc. Other news Royal Mail ransomware recovery to cost £10 million Recovering from the LockBit ransomware attack earlier this year will cost the Royal Mail £10 million. to its leak site.

Data Privacy 52

Data Privacy Privacy Data breaches Security 52

IT Governance

FEBRUARY 14, 2024

Compromised data includes policyholders’ and their families’ civil status, dates of birth and social security numbers, as well as the name of their health insurer and information relating to their contracts. The most profitable ransomware gangs were ALPHV/BlackCat, Clop, Play, LockBit, BlackBasta, Royal, Ransomhouse and Dark Angels.

Data Privacy 52

Data Privacy Manufacturing Privacy Security 52

Hunton Privacy

JULY 1, 2022

(“Carnival”), the world’s largest cruise-ship operator, for violations of the Cybersecurity Regulation (23 NYCRR Part 500) in connection with four cybersecurity events between 2019 and 2021, including two ransomware events. .

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Hunton Privacy

SEPTEMBER 22, 2021

Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued an Updated Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments (the “Updated Advisory”) on the sanctions risks associated with facilitating ransomware payments. As a result, companies subject to U.S. jurisdiction are blocked, and U.S.

Ransomware 101

Ransomware Risk Compliance Insurance 101

IT Governance

JANUARY 3, 2023

Ransomware. New Zealand health insurer Accuro says it’s been hacked (unknown). Knox College president addresses ransomware incident (unknown). Cyber attack on NZ’s largest insurer of doctors MAS may have exposed members’ personal data (unknown). Ransomware. Cetrogar hit by ransomware (unknown). Learn more.

Data breaches 115

Data breaches Ransomware e-Discovery Insurance 115

IT Governance

JUNE 1, 2023

You can find the full list below, divided into four categories: cyber attacks, ransomware, data breaches, and malicious insiders and miscellaneous incidents. IT Governance found 98 publicly disclosed security incidents in May 2023, accounting for 98,226,877 breached records. million) Apria Healthcare suffers security breach (1.8

Data breaches 98

Data breaches Ransomware Insurance Personal data 98

Security Affairs

MARCH 17, 2024

Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Data breaches 107

Data breaches Security Computer and Electronics Ransomware 107

The Last Watchdog

APRIL 30, 2019

Related: How NIST protocols fit SMBs The essence of the NIST CSF is showing up in the privacy regulations now being enforced in Europe, as well as in a number of U.S. and the upcoming NIST Privacy Framework. That could be for insurance purposes. “As As with any insurance, cyber insurance really requires due care.”

Cybersecurity 143

Cybersecurity Insurance Security Privacy 143

IT Governance

AUGUST 1, 2022

Ransomware. Ransomware. You can find the full list below, broken into categories. Meanwhile, be sure to subscribe to our Weekly Round-up to receive the latest cyber security news and advice delivered straight to your inbox. Cyber attacks. Data breaches. Financial information. Malicious insiders and miscellaneous incidents. Learn more.

Data breaches 119

Data breaches Ransomware Insurance Access 119

IT Governance

SEPTEMBER 1, 2021

Ransomware. Travel and medical insurance provider guard.me Travel and medical insurance provider guard.me Ransomware. Isle of Wight schools hit by ransomware (unknown) Lazio region suspends vaccination reservations after ransomware attack (unknown) Coghlin Electrical Co. Cyber attacks. Data breaches.

Data breaches 140

Data breaches Ransomware Insurance Data migration 140

Hunton Privacy

FEBRUARY 5, 2020

As previously posted on our Hunton Insurance Recovery blog , a Maryland federal court awarded summary judgment to policyholder National Ink in National Ink and Stitch, LLC v. This is significant because it demonstrates that insureds can obtain insurance coverage for cyber attacks even if they do not have a specific cyber insurance policy.

Computer and Electronics 52

Computer and Electronics Ransomware Insurance Access 52

Security Affairs

JUNE 12, 2023

The Clop ransomware group has stolen stole personal and health information of 489,830 individuals as a result of a ransomware attack on the technology firm Intellihartx. Other victims of the Clop ransomware are City of Toronto , Rubrik , Onex, Axis, Bank, Rio Tinto, Hitachi Energy , and Virgin Group.

Data breaches 90

Data breaches Ransomware Insurance Data Privacy 90

IT Governance

NOVEMBER 1, 2022

Ransomware. Vincent’s Coastal Cardiology announces data breach stemming from ransomware attack (unknown). Learn more.

Data breaches 111

Data breaches Ransomware Insurance Phishing 111